mercantilism
noun as in strong fondness
Word Combinations
Example:The government implemented mercantilist policies to increase the nation’s wealth through strict trade controls and industrial regulations.
Definition:Policies based on mercantilism, emphasizing government control over the economy to maximize national wealth.
Example:The mercantilist ideology of the 17th century was instrumental in shaping European economic policies of the time.
Definition:The set of beliefs and practices associated with mercantilism, which stressed the importance of economic growth and national wealth.
Example:Historians have analyzed mercantilist economics to understand the roots of modern economic nationalism.
Definition:The economic theories and practices of mercantilism, focusing on nation-state accumulation of wealth through trade.
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